Ethan

Saving money in order to earn a financial return?

• Savings account

• Credit card

• Investing

• Debit card

The act of putting money aside for later use

• Saving

• Scarcity

• Inflation

• Savings account

The economic problem that occurs because of unlimited wants and limited resources

• Opportunity cost

• Scarcity

• Short term goals

• Investing

The next best alternative when making a decision

• Scarcity

• Opportunity cost

• Long term goals

• Bonds

Goals you plan to achieve in 2 months or fewer

• Short term goals

• Demand

• Profit

• Supply

Goals you plan to achieve in 2 months to 3 years

• Long term goals

• Inflation

• Supply

• medium term goals

Goals you plan to achieve in 3+ years

• Opportunity cost

• Medium term goals

• Long term goals

• Investing

Financial institutions bringing together savers, borrowers, buyers, and sellers of stock

• Opportunity cost

• Financial intermediary

• Portfolio

• Supply

Price paid for using someones money

• Supply

• Checking account

• Demand

• Interest

Quantity of goods or services a supplier is willing to offer

• Supply

• Interest rate risk

• Interest

• Demand